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S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
WARNING: Do You Invest with these Banks (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
WARNING: Do You Invest with these Banks (Ad)pixel
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
WARNING: Do You Invest with these Banks (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
WARNING: Do You Invest with these Banks (Ad)pixel
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
WARNING: Do You Invest with these Banks (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
WARNING: Do You Invest with these Banks (Ad)pixel
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
NASDAQ:ZS

Zscaler - ZS Stock Forecast, Price & News

$178.60
-3.11 (-1.71%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$173.90
$181.36
50-Day Range
$136.03
$182.64
52-Week Range
$125.12
$376.11
Volume
1.51 million shs
Average Volume
2.53 million shs
Market Capitalization
$25.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$241.26

Zscaler MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.74 Rating Score
Upside/​Downside
35.1% Upside
$241.26 Price Target
Short Interest
Bearish
7.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.86
Upright™ Environmental Score
News Sentiment
0.37mentions of Zscaler in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$7.28 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($2.31) to ($2.69) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Computer And Technology Sector

229th out of 664 stocks

Custom Computer Programming Services Industry

11th out of 30 stocks

ZS stock logo

About Zscaler (NASDAQ:ZS) Stock

Zscaler, Inc. operates as a cloud security company worldwide. The company provides Zscaler Internet Access solution that provides users, servers, operational technology, Internet of Things device secure access to externally managed applications, including software-as-a-service (SaaS) applications and Internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds. It also offers Zscaler Digital Experience that measures end-to-end user experience across business applications, as well as provides an easy to understand digital experience score for each user, application, and location within an enterprise. In addition, the company provides workload segmentation solutions comprising Zscaler Cloud Security Posture Management that identifies and remediates application misconfigurations in SaaS, infrastructure as a service, and platform as a service to reduce risk and ensure compliance with industry and organizational benchmarks; and Zscaler Cloud Workload Segmentation, which is designed to secure application-to-application communications inside public clouds and data centers to stop lateral threat movement, as well as prevents application compromise and reduces the risk of data breaches. Its platform modules include Zscaler Central Authority, Zscaler Enforcement Node, and Zscaler Log Servers. It serves customers in airlines and transportation, conglomerates, consumer goods and retail, financial services, healthcare, manufacturing, media and communications, public sector and education, technology, and telecommunications services industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in August 2008. Zscaler, Inc. was incorporated in 2007 and is headquartered in San Jose, California.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Robert W. Baird cut their price target on Zscaler from $300.00 to $200.00 and set an "outperform" rating for the company in a research note on Friday, May 27th. Cowen cut their target price on shares of Zscaler from $405.00 to $194.00 and set a "buy" rating for the company in a research report on Friday, May 27th. Barclays increased their price target on shares of Zscaler from $147.00 to $168.00 and gave the company an "equal weight" rating in a research report on Friday, May 27th. Guggenheim assumed coverage on Zscaler in a research report on Friday. They set a "buy" rating and a $233.00 price objective for the company. Finally, BTIG Research cut Zscaler from a "buy" rating to a "neutral" rating in a report on Tuesday, July 26th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-five have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $246.22.

Zscaler Stock Down 1.7 %

ZS Stock traded down $3.11 during trading on Tuesday, reaching $178.60. The stock had a trading volume of 1,512,108 shares, compared to its average volume of 2,533,694. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 1.80. The firm has a fifty day moving average price of $158.19 and a 200 day moving average price of $193.45. The company has a market capitalization of $25.34 billion, a P/E ratio of -66.89 and a beta of 1.04. Zscaler has a 1-year low of $125.12 and a 1-year high of $376.11.

Zscaler (NASDAQ:ZS - Get Rating) last issued its quarterly earnings data on Thursday, May 26th. The company reported ($0.61) earnings per share for the quarter, beating analysts' consensus estimates of ($0.63) by $0.02. The firm had revenue of $286.81 million during the quarter, compared to analyst estimates of $271.47 million. Zscaler had a negative return on equity of 58.37% and a negative net margin of 38.52%. Zscaler's quarterly revenue was up 62.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.30) EPS. On average, equities analysts anticipate that Zscaler will post -2.31 earnings per share for the current year.

Insider Transactions at Zscaler

In other news, insider Robert Schlossman sold 239 shares of the stock in a transaction that occurred on Tuesday, June 21st. The stock was sold at an average price of $150.00, for a total transaction of $35,850.00. Following the sale, the insider now directly owns 112,622 shares in the company, valued at approximately $16,893,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Robert Schlossman sold 239 shares of the firm's stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $150.00, for a total transaction of $35,850.00. Following the transaction, the insider now directly owns 112,622 shares of the company's stock, valued at $16,893,300. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Remo Canessa sold 5,010 shares of the company's stock in a transaction dated Thursday, June 16th. The stock was sold at an average price of $136.67, for a total transaction of $684,716.70. Following the completion of the sale, the chief financial officer now directly owns 262,388 shares of the company's stock, valued at approximately $35,860,567.96. The disclosure for this sale can be found here. In the last three months, insiders have sold 49,710 shares of company stock worth $7,275,302. 20.30% of the stock is currently owned by insiders.

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ZS Stock News Headlines

It’s Time To Check On Cyber-Security Stock Check Point Software  (ZS)
Check Point Software isn't growing as fast as some of its competitors but growth is accelerating versus the slowdown reported by others in the industry.
Zscaler (NASDAQ:ZS) Earns Buy Rating from Analysts at Guggenheim
Expert Ratings For Zscaler - Benzinga
Analyst Ratings for Zscaler - Benzinga
What Are Whales Doing With Zscaler - Benzinga
Zscaler (NASDAQ:ZS) PT Lowered to $250.00
BTIG Research Downgrades Zscaler (NASDAQ:ZS) to Neutral
Citigroup Trims Zscaler (NASDAQ:ZS) Target Price to $200.00
See More Headlines
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ZS Company Calendar

Last Earnings
5/26/2022
Today
8/16/2022
Next Earnings (Confirmed)
9/08/2022
Fiscal Year End
7/31/2023

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Fax
N/A
Employees
3,153
Year Founded
2007

Price Target and Rating

Average Stock Price Forecast
$241.26
High Stock Price Forecast
$417.00
Low Stock Price Forecast
$160.00
Forecasted Upside/Downside
+35.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.74
Research Coverage
31 Analysts

Profitability

Net Income
$-262,030,000.00
Pretax Margin
-38.01%

Debt

Sales & Book Value

Annual Sales
$673.10 million
Book Value
$3.86 per share

Miscellaneous

Free Float
113,065,000
Market Cap
$25.34 billion
Optionable
Optionable
Beta
1.04

Social Links















ZS Stock - Frequently Asked Questions

Should I buy or sell Zscaler stock right now?

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 1 sell rating, 6 hold ratings and 24 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ZS shares.
View ZS analyst ratings
or view top-rated stocks.

What is Zscaler's stock price forecast for 2022?

31 analysts have issued 12 month price objectives for Zscaler's stock. Their ZS share price forecasts range from $160.00 to $417.00. On average, they predict the company's share price to reach $241.26 in the next twelve months. This suggests a possible upside of 35.1% from the stock's current price.
View analysts price targets for ZS
or view top-rated stocks among Wall Street analysts.

How have ZS shares performed in 2022?

Zscaler's stock was trading at $321.33 at the start of the year. Since then, ZS shares have decreased by 44.4% and is now trading at $178.60.
View the best growth stocks for 2022 here
.

When is Zscaler's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022.
View our ZS earnings forecast
.

How can I listen to Zscaler's earnings call?

Zscaler will be holding an earnings conference call on Thursday, September 8th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Zscaler's earnings last quarter?

Zscaler, Inc. (NASDAQ:ZS) posted its quarterly earnings data on Thursday, May, 26th. The company reported ($0.61) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.63) by $0.02. The firm earned $286.81 million during the quarter, compared to analysts' expectations of $271.47 million. Zscaler had a negative net margin of 38.52% and a negative trailing twelve-month return on equity of 58.37%. Zscaler's revenue was up 62.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.30) EPS.

What guidance has Zscaler issued on next quarter's earnings?

Zscaler issued an update on its fourth quarter 2022 earnings guidance on Thursday, June, 23rd. The company provided EPS guidance of $0.20-$0.21 for the period, compared to the consensus earnings per share estimate of $0.17. The company issued revenue guidance of $304.00 million-$306.00 million, compared to the consensus revenue estimate of $291.02 million.

What is Jay Chaudhry's approval rating as Zscaler's CEO?

684 employees have rated Zscaler Chief Executive Officer Jay Chaudhry on Glassdoor.com. Jay Chaudhry has an approval rating of 97% among the company's employees. This puts Jay Chaudhry in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Zscaler own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Block (SQ), Okta (OKTA), Salesforce (CRM), DocuSign (DOCU), Alibaba Group (BABA), Trade Desk (TTD), Zoom Video Communications (ZM), Twilio (TWLO) and CrowdStrike (CRWD).

When did Zscaler IPO?

(ZS) raised $110 million in an IPO on Friday, March 16th 2018. The company issued 10,000,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

What is Zscaler's stock symbol?

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Who are Zscaler's major shareholders?

Zscaler's stock is owned by many different institutional and retail investors. Top institutional investors include Citadel Advisors LLC (0.00%), Artisan Partners Limited Partnership (1.12%), Champlain Investment Partners LLC (0.83%), Scge Management L.P. (0.70%), Renaissance Technologies LLC (0.67%) and Franklin Resources Inc. (0.60%). Insiders that own company stock include Ajay Mangal, Alan H Auerbach, Amit Sinha, Andrew William Fraser Brown, Dali Rajic, Jagtar Singh Chaudhry, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman.
View institutional ownership trends
.

How do I buy shares of Zscaler?

Shares of ZS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Zscaler's stock price today?

One share of ZS stock can currently be purchased for approximately $178.60.

How much money does Zscaler make?

Zscaler (NASDAQ:ZS) has a market capitalization of $25.34 billion and generates $673.10 million in revenue each year. The company earns $-262,030,000.00 in net income (profit) each year or ($2.67) on an earnings per share basis.

How many employees does Zscaler have?

The company employs 3,153 workers across the globe.

When was Zscaler founded?

Zscaler was founded in 2007.

How can I contact Zscaler?

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The official website for the company is www.zscaler.com. The company can be reached via phone at (408) 533-0288 or via email at ir@zscaler.com.

This page (NASDAQ:ZS) was last updated on 8/17/2022 by MarketBeat.com Staff

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